The number of tenants in severe rent arrears declined by 15.6% during the final quarter of 2012, according to data released by Templeton LPA, part of the LSL Property Services group. The data indicates that in the last quarter of 2012, almost 16,000 fewer tenants faced severe rent arrears of more than 8 weeks rental […]
Read MoreGovernment ministers face an increasing amount of pressure to disclose their official estimate of how many immigrants will pour into Britain next year from Eastern Europe, after remarks were made on The BBC’s Sunday Politics Show. Communities and Local Government (DCLG) Secretary Eric Pickles conceded on TV that a wave of immigrants from Romania and […]
Read MoreMillions of property owners and tenants renting property in the Private Rented Sector (PRS) are resorting to extreme measures including high interest pay day loans to avoid eviction as well as trying to make ends meet after falling behind on monthly housing payments. According to a new report by homelessness charity Shelter, nearly 8 million […]
Read MoreProperty experts and economists have predicted that the 2013 residential property forecast for the UK is going to remain much the same as last year. This is good news for all property investors, who are able to get finance, but not welcome news for struggling first time buyers as the UK residential property market remains […]
Read MoreWell it’s January 2013 and it has become a bit of a tradition to start the New Year with inspirational quotes and positive affirmation messages, in order for landlords and property investors to start the year with a positive mental attitude. “Someone’s sitting in the shade today because someone planted a tree a long time […]
Read MoreAnalysis of rental data by Belvoir Lettings has revealed that private rented sector (PRS) rents have fallen across the UK by an average of 2.4% since the start of the credit crunch in 2008. Belvoir said it gives a much more accurate view of the UK PRS rental market on a national scale rather than […]
Read MoreAs thousands of people struggle to sell their properties in the current financial climate, many are turning to renting them out in order to move on with their lives. However this comes with its own problems and responsibilities that many people are not really prepared for. Being a landlord means you have legal responsibilities towards […]
Read MoreRenting Property Costs More Per Month Than Buying It! A study by mainstream mortgage lender the Halifax has revealed that renting a property now costs over £130 per month more than the monthly cost of buying a property. UK landlords are holding on to Buy-To-Let goldmines as not only can they command premium rental prices from tenants but they […]
Read MoreAccording to data from the National Landlords Association (NLA) only 57% of current landlords deliberately set out to enter the UK Buy-To-Let market. Many property owners became “reluctant” or “accidental” landlords in unexpected ways, often due the inability to sell property because of the recession and the perceived crash of the UK property market. However, […]
Read MoreMost tenants are complete strangers, who as a landlord, you may meet once or twice before granting a tenancy agreement to or handing over the keys to the rental property. If using a good letting agent, the landlord may not even meet the tenant until after they have moved in. This leaves the landlord with […]
Read MoreLow Buy-To-Let mortgage rates and increased rental yields making UK Buy-To-Let an attractive prospect for property investors UK property investment is booming after financial experts dubbed the UK Buy-To-Let industry as a property investor’s dream following reports of double-figure rental yields being achieved by smart landlords in parts of the UK. Some areas of London […]
Read MoreHappy Buy-To-Let landlords are providing tenants with longer term tenancies, AND guarantees! Due to the extravagant costs associated with home ownership and the high deposits required by mortgage lenders, tenant demand in the UK Private Rental Sector (PRS) for affordable rental properties has increased drastically over the past few years . Assured Shorthold Tenancies (ASTs) […]
Read MoreUK Buy-To-Let Landlord confidence has been boosted by continued strong tenant demand and falling property prices, according to the latest landlord survey conducted by LSL Property Services. • 48% of UK BTL landlords believe that now is a good time to invest in property • Less than 1% think it is now a good time […]
Read MoreMassive rise in tenant eviction orders as landlords are forced to get tough causing outcry from homelessness charity Crisis. Over the last three years there has been a 70% rise in court orders for the eviction of tenants in the UK Private Rented Sector (PRS). Homeless charity Crisis set about analysing figures released by the […]
Read MoreIf you are considering becoming a Buy-To-Let landlord you should calculate the costs involved and do plenty of research before taking any financial risk. This is according to Sim Sekhon, spokesman for specialist landlord services provider, LegalforLandlords, who explained that many new landlords rush in without calculating mortgage repayments or repairs and maintenance to rental […]
Read More
Download your FREE guide to understand what’s changing and how to stay compliant.Get expert insights now. Enter your details to access the guide.
